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Articles : Proposed Revisions to the Uniform Management of Institutional Funds Act

Proposed Revisions to the Uniform Management of Institutional Funds Act

By: Avi Z. Kestenbaum

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By Avi Z. Kestenbaum

Specialists in the charitable planning and nonprofit fields should be aware that proposed revisions to UMIFA, which are expected to be enacted in 2005, will have a significant impact on the management and spending of charitable funds.